The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1887-12-31
NEW INDUSTRIES {: .|'.j|
TWO IMPORTANT NEW FACTORIES,
Ono OF which Is a Sure 60 aud tho otht.
Promises favorably-Ali tho Details
Complete for the budding Of mn Er.
.tensivs Axlo ractory-Plato Glass. b

Another new industry Is to be started
In Wheeling in the very near future.
This time 1t Is a large and extensive axle
works which will be backed by plenty Of
capital and with men OF practical ability
and others Of superior bua!neaa qualifica.
tlons at the, head, all Of which forms a
combination that can scarcely foil to prove
successful and prosperous. t
The works arc to BIO operated by the
speara Axle Company, which is to be an
Incorporated organization, tho capital
stock Of which will be limited to $500 900
Application has already been made to
Secretary OF State Walker for certificate
OF incorporation, which 10 expected 10 ar.
rive here to-day. The incofporstors are
Ralph speare, N. Riester, Andrew Reitz,
y. Il. Hoffman,, Dr., and and J. G. HoG.
mann, II. The works are to DO located
just south Of the Belmont mill property,
on what has been known aH the Lancaster
residence property. This ground was
secured Thursday and tho deed Is
In the hands OF one OF the Corporatoru.
The plans for the building that will BIO
required have been made, and the gentle.
mon interested are figuring over them
for the purpose OF determining whether
to contract TO have 1t built Of wood or
corrugated iron. In sizs 1t will DO 80 by
200 fset, covering nearly all the property
purchased; 1t will BIO only one ntory high.
Proposals. for tho erection OF cor.
rugated iron building have already
been received from Pittsburgh firm.
| No time Ia to DO Loaf In puphing
tho new enterprise forward the
building Is to DO erected, the machinery
in position and everything ready Tor q
start inside OF sixty daya in csss the un.
foreHeon does not interfere and upset the
present plans .and anticipations Of the
projectors. l
The new company will not confne Itself
to the manufacture OF axles, though that
| will BIO it's only product at the outset. II
will as the demHnda are made and the
openings appear, enlarge and engage in
tho manufacture Of everything In The iron
line that promises to yield paying return.
It will roll It's own iron and in tho way oil
machinery and appliances have every.
thing OF the latest aud most approved
kind. Mr.. Spears is In the
East now, having left Wednesday
evening, purchasing the necessary outfit
The building will be constructed so tina.
the forge, roll and turning departments
will oil BIO under one roof, and the raw ma.
terial stsrting at one end OF the building
will go forward until itreaches the othe,
end as finished product, ready to DO loaded
right into cars or taken to the pteamess
that cRn land right il front OF the build.
Ing. Tho starting Of this new industry
| will at first otor employment for about
Elxty men, and before tho year Ia out it is
ezpectsd that at least ono hundred hands
| will be employed. ~ ,,.5-. ....s 4
In addition 10 tho incorporators there
aro aeyelal prominent business men,
whose nalpeg are not to be known in con.
neotigIn %itE tho concern at pregent, who
VIII 10 largely interested. MIR. Spesrs
will bo the mauGger Of the works; he is O
gentleman OF marked practical ability
having been engaged in tho manufacture
OF a1len for number Of years. Until
very recently he wss at the head OF the
Standard Axle Works, small concern in
| the lower pastoithe city. Thatthe husineps
end OF the company will be well managed
lsnyone knowing the character OF the men
In tho scheme and the business succepe
they have achieved, may rest assured.
There Ia paid to be steady increasing de.
mand for sxles and good money is made
! in tho business The Spears company
: will be equipped go rs to bs able TO turn
ont goods from tho heaviest grade down
to the smallest and lightest made.
And thus Wheeling advances steadily in
the march of progress. There has been
; nothing she hiss needed more il the past
than diyersilication OF her induetries, and
OF late this has been brought about, and
the good work goes On. Everyone will be
glad to learn Of this new addition and
wish it all SUCCESS. ~ =